Current 30-year jumbo mortgage rates were about 7.3% in December 2023, significantly higher than the low rates offered just two years prior. Jumbo rates are currently similar to those on 30-year conforming loans, which are […]
As the Fed hiked rates, commercial real estate borrowers suffered. A wave of borrowers defaulted on loans tied to commercial properties across L.A. and Orange County this year, as they struggled to make mortgage payments […]
Mark Karasick’s 601W Companies punched another ticket to safety from the Chicago office market’s fallout — he hopes. By bringing in $21 million in new equity raised from investors, the New York-based landlord of some […]
Since the Federal Deposit Insurance Corporation kicked off the sale of Signature Bank’s $33 billion in commercial real estate debt, the New York real estate industry has been watching, popcorn in hand, for the winning […]
On November 2, 2023, Jeffrey Nager, the Executive Vice President and Head of Commercial Lending at The Bancorp Inc (NASDAQ:TBBK), sold 5,234 shares of the company. This move is part of a series of insider […]
HONOR, Mich. and WILMINGTON, N.C., Oct. 10, 2023 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Honor Bank, a full-service community bank […]
U.S. banks can add the revival of student loan payments to the list of obstacles to deposit growth. With more than 40 million Americans scheduled to resume making student loan payments this month, some consumers […]
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